Draw a circular-flow diagram. Identify the parts of the model that correspond to the flow of goods and services and the flow of dollars for each of the following activities:

a Sam pays a shopkeeper $1 for a litre of milk.

b Terry earns $4.50 per hour working at a fast-food restaurant.

c Uma spends $7 to see a film.

d Violet earns $10 000 from her 10 per cent ownership of Acme Industrial.